520 NW 23rd AveMiamiFL33125
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Miami at 520 NW 23rd Ave, Miami, FL, 33125 uses $168,448 cash to close to unlock $1,803/yr annual cash flow and $150/mo monthly cash flow. Total monthly income runs $3,548/mo, and a $2,506/mo payment keeps the spread at $150/mo. Purchase price stands at $512,000, and rental yield measures 8.32% with $3,548/mo rent. Return on cash invested shows 21.13% in year one, and 5% annual appreciation builds toward $141,456 over five years. Five-year ROI reaches 109.97% and total cumulative return in cash records $185,239. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,548/mo property income covering a $2,506/mo payment rather than investor’s personal income.
Single Family
Built in 1950
5,800 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33125, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,408 (100%) |
| Owner Occupied HU | 5,441 (24.3%) |
| Renter Occupied HU | 15,974 (71.3%) |
| Vacant Housing Units | 993 ( 4.4%) |
| Median Home Value | $475,381 |
| Average Home Value | $585,368 |
Housing Distribution
Address Breakdown
Residential
20,334
Single Family
9,534
Multi-Family
10,800
Businesses
1,066
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Listed by: Steven Koleno • Beycome of Florida LLC
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11824876
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.